July 9, 2015

The Daily Bankruptcy News

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Law:

How Not To Break Up With Your Law Firm
(DBN)

Skadden Partner Retires Amid Questions about Conflicts Skadden Partner Retires While Prosecutors Allege ‘Serial’ Misstatements
(DBN)

Memo to Lawyers: The Customer is Always Right
(DBN)

The Dewey Trial: Four Examples Of Not-So-Funny Comic Relief
(DBN)

Survey looks at the uptick in legal hiring through the rest of 2015
(DBN)

Fashion critique of female lawyers in bar newsletter brings sexism complaint
(DBN)

Business of Law
(DBN)

Law School’s Chief Financial Officer Arrested For Grand Theft
(DBN)

New co-deans are facing divided UNM law school
(DBN)

More On The Resignation Of LSU Law School Dean/Chancellor
(DBN)

Major Biglaw Firm Thinks It Can Get Away With Charging Clients For Summer Associate Work
(DBN)

DLA Piper Co-Chair Meltzer Plots ‘Hemisphere Strategy’
(DBN)

UK and Canadian firms OK 1,400-lawyer merger of equals, setting stage for more international growth New Gowling WLG Leader Says No US Union on Horizon
(DBN)

Linklaters top Magic Circle on profits per partner
(DBN)

Seventh Circuit Revives Katten's $3.6B Ponzi Headache
(DBN)

Office park owners sue Gordon Silver law firm in dispute over unpaid rent
(DBN)

Here’s ‘Everything You Need To Know About The Business Of Law Over The Last 45 Years’
(DBN)

McElroy Deutsch settles gender bias suit alleging unequal assignments, male-only golf outings
(DBN)

Report: 80% Of Biglaw Now Blogging For Business Development
(DBN)

Legal crowdfunding grows as legal aid funding declines
(DBN)

Law school dean asks for a smaller salary because the cost of law school is so outrageous
(DBN)

Understanding The Law School Loyalists
(DBN)

California's Practical-Skills Plan Alarms Out-of-State Deans
(DBN)

UK: Lawyer promoted to highest-ranking female officer in army
(DBN)

9 stupid office rules that drive people crazy
(DBN)

10 habits of the most likable people
(DBN)

There's a secret keyboard in your Mac that makes it insanely easy to type emojis
(DBN)

5 things you should never talk about at a networking event
(DBN)

How 6 Seconds of Silence Nails New Business
(DBN)

District 'Drought Shames' Tom Selleck in Court
(DBN)

What Are the Limits of 'Religious Liberty'?
(DBN)

Church Can’t Tell Wal-Mart What To Sell
(DBN)

South Carolina's Confederate flag is finally coming down — and it'll soon be in a museum
(DBN)

Lawyer loses suit about Legal Eagle posts, then sues Google over online comments they sparked
(DBN)

Judge Cancels Redskins Team's Trademarks as Offensive to Indians
(DBN)

Lawyer Can’t Unmask Anonymous Critic on Avvo, Court Rules
(DBN)

You Won’t Believe How Far These Lawyers Went To Win A Big Case
(DBN)

Report: Police Investigating Video of Alleged Donut-Licker Ariana Grande
(DBN)

What Does Harper Lee Want?
(DBN)

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Judges:

Louisiana Justices Rebuke High Court on Gay Marriage
(DBN)

Supreme Court Clerk Hiring Watch: Who Is NOT Retiring From SCOTUS?
(DBN)

Ted Cruz’s SCOTUS retention election idea makes him unfit for presidency, federal judge writes Federal Judge: I apologize
(DBN)

Appeals court cautions federal judge (former bankruptcy judge) to get in line
(DBN)

Same-sex marriage case in Haiku
(DBN)

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Wall Street:

 

NYSE Blacks Out, Stocks Slammed
(DBN)

NYSE Suspends Trading in All Securities Everyone is making the same joke about the NYSE being down When the NYSE malfunctions, here’s what happens to Twitter Why it's taking so long for the NYSE to reopen Trader: Cancel your orders, go get ice cream NYSE Finally Resumes Trading After Three-Hour Suspension NYSE, SEC Suspect Software Update Triggered Trading Halt Why the NYSE trading halt should alarm investors
(DBN)

Bull Herd Culled in Europe as JPMorgan Says Fear the Selloff
(DBN)

F-Squared files for bankruptcy
(DBN)

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Layoffs:

Microsoft is cutting 7,800 jobs
(DBN)

National and State by State Unemployment Rates
(DBN)

Animated Map of Unemployment
(DBN)

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Agriculture:

Harvest Hill Farms files for bankruptcy protection
(DBN)

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Electricity:

Energy Future Wins Another Round Versus Bondholders Court ruling helps Energy Future's plan to emerge from bankruptcy
(DBN)

Energy Future Ducks $431 Million Debt Claimed by Hedge Funds
(DBN)

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Politics:

Donald Trump Praises Beneficial Power of Bankruptcy. Makes Case for Consumers Trump: 'I'll win the Latino vote' The real costs of Donald Trump’s anti-Mexican slur controversy, explained GOP candidate has a brilliant anecdote that explains Republicans' Donald Trump problem Donald Trump’s Brand Takes a Haircut Trump Tower Was Built on Undocumented Immigrants’ Backs
(DBN)

Where does Hillary Clinton stand? Don't ask her. Benghazi panel accuses Hillary Clinton of lying A Fact-Check of Hillary Clinton’s CNN Interview on Her Personal Email
(DBN)

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Corporate Reform:

JPMorgan Agrees to Pay $166 Million Over Debt-Collection Abuses
(DBN)

Patriarch of Payday Loans Said to Face U.S. Racketeering Probe
(DBN)

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Security:

Altegrity wins on shielding identities of contractors, customers
(DBN)

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Software:

Troubled software firm Thinkstream agrees to bankruptcy
(DBN)

Troubled empire: Barry Bellue and Thinkstream are in bankruptcy court for the second time in two years over allegations of unpaid debt and mismanagement
(DBN)

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Economy:

'Cautious' Fed charts course for hikes: Minutes Fed's Williams 'wary' of rate hikes without firmer inflation data More data needed before Fed can hike, as Greek worries loom - Fed minutes FOMC Minutes: Global Concerns Fed’s June minutes don’t clarify rate-hike threshold
(DBN)

This map shows what $100 is actually worth in your state
(DBN)

Alcoa whiffs on earnings
(DBN)

Consumer Credit Rises at a Slower Pace in May
(DBN)

S&P Falling by 20 Percent May Prompt QE4, Faber Says
(DBN)

U.S. Heavy Truck Sales in June: Highest since February 2007
(DBN)

US Debt Clock
(DBN

Economic Indicators Dashboard
(DBN)

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Real Estate:

Foreclosed Property: Related Rights May Be Tricky
(DBN)

Las Vegas Real Estate in June: Sales Increased 12.8% YoY
(DBN)

The New Markets for Jumbo Loans
(DBN)

Dick Bove: Likelihood of settlement over Fannie, Freddie sweep growing
(DBN)

Fed Officials Finally See U.S. Housing Sector on the Upswing
(DBN)

Lawyer who hosted radio show avoids prison in $10M mortgage-fraud case
(DBN)

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Municipalities:

House GOP opposes bankruptcy protections for Puerto Rico U.S. House Republicans doubt benefits of Chapter 9 for Puerto Rico House Judiciary Committee Unlikely to Act on Puerto Rico Bankruptcy Bill
(DBN)

Congress balks at lifeline for Puerto Rico
(DBN)

Puerto Rico Declaring Bankruptcy Is Giving It a Bailout
(DBN)

Chapter 9 and Puerto Rico
(DBN)

First Circuit: Puerto Rico’s Recovery Act Preempted , Ball in Congress’s Court — But a Curious Concurrence Too
(DBN)

Detroit...Greece...Puerto Rico...Does Anyone See A Pattern?
(DBN)

Puerto Rico's 'Colonial' Power Struggle
(DBN)

Profligate Puerto Rico's Problems So Possible to Predict
(DBN)

Citi to Host Meeting with Puerto Rico Bondholders
(DBN)

The Good News Behind Puerto Rico's Bad Debt
(DBN)

Puerto Rico Debt Crisis: Hillary Hedges, O'Malley And Sanders Support Bankruptcy Option
(DBN)

Puerto Rico Can't Afford Its Debt
(DBN)

Detroit casino revenues soar this year, reversing trend
(DBN)

Illinois governor proposes sweeping pension legislation
(DBN)

Illinois and New Jersey Pension Decisions: Implications for Bondholders
(DBN)

The 10 most distressed large cities in America
(DBN)

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Resorts:

Talks Agreed Over Baha Mar
(DBN)

PM ‘cannot function’ as mediator after war of words with Baha Mar
(DBN)100 Montaditos' Florida operator likely to emerge from bankruptcy
(DBN)

Baha Mar Sides Told: 'Leave Your Egos Out'
(DBN)

'Better To Negotiate In Board Room Than Fight In Court Room'
(DBN)

'Much Higher' Chance Baha Mar Owners Out
(DBN)

S&P Warned: Don't 'Rush To Judgment' On Credit Downgrade
(DBN)

Lawyer suggests resort could have restructured under Bahamian law
(DBN)

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Oil/Gas:

Oil and gas bankruptcies will be complex
(DBN)

US crude oil inventories rise for a second week
(DBN)

Goldman: $50 oil crushes hopes for U.S. drilling recovery this year Oil Could Revisit Its Low Prices Again
(DBN)

Oil Rout Set to End as Demand Trumps China, Greece Woes
(DBN)

Shale Drilling Leaks More Methane Than Thought
(DBN)

If China Loses Control, Look Out Oil
(DBN)

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Religion:

Video Divides Twin Cities Archdiocese, Abuse Victims
(DBN)

Five former Belleville Oblate priests “credibly accused” of abusing minors
(DBN)

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Education:

Marco Rubio supports for-profit schools
(DBN)

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Environmental:

Bankruptcy judge approves cleanup deal in W.Va. spill case
(DBN)

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Fraud:

Parole again denied for ex-Carolina Investors exec Sheppard
(DBN)

Criminal Charges Filed In Alleged $1.5 Billion Medical Factoring Ponzi Scheme
(DBN)

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Communications:

Standard Register asks bankruptcy court for more time
(DBN)

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Shipping:

Samsun Logix seeks bankruptcy protection again
(DBN)

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Gambling:

Paulson Said Close to Deal to Back Caesars Unit’s Restructuring
(DBN)

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Healthcare:

UMC asks bankruptcy judge to compel Children's Hospital to release financial information
(DBN)

Millennium Health Taps Restructuring Advisers at Lazard
(DBN)

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Awards:

Alston & Bird Advises on “Healthcare Services Turnaround of the Year”
(DBN)

Vault Law 100
(DBN)

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Food/Beverage:

100 Montaditos' Florida operator likely to emerge from bankruptcy
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN)

Recent Ch. 11 Filings (39 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (11 new filings today)
(DBN)

Bankruptcy Code - Prior BK Codes - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Bankruptcy Jobs:

(1)-(2)- (3)-(4)-(5)-(6)-(7)-(8)-(9)-(10)
(DBN)

Seminars - (Contact us to list your seminar)

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Bankruptcy Statistics:

Bankruptcy Filings Decline 12 Percent for the First Half of 2015
(DBN)

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Avoidance Actions:

Fifth Circuit Certifies ‘Good-Faith-for-Value’ Issue to Texas Supreme Court in Golf Channel Case
(DBN)

SCOTX to Take Swing at Stanford Litigation Involving the Golf Channel
(DBN)

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Sales:

Onward, Christian Soldiers: Some Guidance on 363 Sales, Fair Auctions, and Proposed Sales to Insiders
(DBN)

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Standing:

Derivative Standing in Bankruptcy Proceedings
(DBN)

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Recent Pleadings:

 

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TBTF:

Hedge Funds Are a Holdout in Fed’s Plan to Prevent the Next Lehman
(DBN)

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Taxis:

The 'Uber of helicopters' can get you from Manhattan to JFK for less than you think
(DBN)

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Hockey:

Talks to Avoid Mediation Move Otters Sale Closing Closer
(DBN)

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Pensions:

Pension Insurer Places Liens Against Times Publishing Co. for Missing Payments
(DBN)

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Coal:

Alpha May Sell Mining Assets of Three Affiliates
(DBN)

Patriot Coal Seeks Millions in Retention Bonuses
(DBN)

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Student Debt:

Student Loans Can Be Discharged in Bankruptcy, But It’s Not Easy
(DBN)

Ninth Circuit BAP Holds that Denial of a Student Loan Debt under Sec. 523(a)(8)(A)(ii) Requires Actual Receipt of Funds by the Debtor
(DBN)

How soaring student debt threatens a vulnerable set: Americans over 60
(DBN)

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Consultants:

AlixPartners Names GC from American Airlines
(DBN)

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Sovereigns:

‘Vultures’ harass banks, says Deutsche
(DBN)

Argentina Budget 2016 Does not Include Vulture Funds
(DBN)

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UK:

George Osborne introduces new national living wage amid raft of fresh measures
(DBN)

Northern Irish Police Probe $6.9 Billion Cerberus Loans Deal
(DBN)

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EU:

In the end, Germany, not Greece, will be the loser
(DBN)

The real problem with the EU is much bigger than Greece
(DBN)

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PIIGS:

Deadline day for Greece to deliver proposals Greece has a reform plan and it includes a 3 year aid program Greek solvency concerns are rising: Bundesbank Greece Update Joseph E. Stiglitz: The US Must Save Greece France Helping Greece With Proposal for Creditors Complete Capitulation by Tsipras Needed for Deal: Moec
(DBN)

Greece tables new bailout plan as clock ticks down on Grexit ECB chief Draghi says really difficult to save Greece Fearful citizens max out credit cards buying iMacs and PlayStations Greece: No-Man's Land Greece may further tighten the noose on ATM withdrawals Greek banks may face closures, bailout or not Greece Submits New Loan Request, as Tsipras Takes Defiant Stance Greece's D-Day and the future of Europe The Greek Crisis Marks ‘the Beginning of the Collapse of Capitalism’ Greece's banks won't open this week Among businesses in US and Greece, cash is king 5 reasons the eurozone could be stronger without Greece Countdown to Grexit deadline day Greece Slashed Pensions, Creditors Want More Germany failed to learn from its own history--and Greece is paying the price With friends like the European Union, does Greece need enemies? Greek villagers' secret weapon: Growing their own food
(DBN)

Spain scrambles in shadow of Greek contagion
(DBN)

Berlusconi found guilty of bribing Italian senator
(DBN)

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Canada:

Owner of Nine West stores in Canada files for bankruptcy protection
(DBN)

JF Moore Lithographers files notice of proposal
(DBN)

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China:

China stock markets stage a comeback after Beijing acts again China's Shanghai Composite just logged its largest one-day rise since 2009 'China has destroyed its stock market in order to save it'
(DBN)

One chart that explains China's stock market bubble
(DBN)

China Stock Market Rout Jeopardizes $25 Billion in U.S. Buyout Deals
(DBN)

China's market crash is reversing the most important thing the government has been trying to do in decades
(DBN)

ADRs rocked as China’s stock market melts down
(DBN)

Crash in Chinese stocks may just be beginning
(DBN)

China's wealth plunge claims billionaires China Bans Stock Sales by Major Shareholders for Six Months
(DBN)

The bulls that broke China
(DBN)

China's market crash dents nation's aura of invincibility
(DBN)

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